Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$362,345$341,100
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.320%
Blended rate7.500%7.560%
1st payment$2,436.69$2,343.12
2nd payment$0.00$0.00
Taxes / mo$379.00$379.00
Insurance / mo$150.00$150.00
MI / mo$168.72$68.22
HOA / mo$0.00$0.00
Total monthly$3,134.41$2,940.34
Cash to close$16,655$37,900